⚡️Strifor || GOLD-08/01/2024
Preferred direction: SELL
Comment: In our extreme trading idea for gold, we assumed growth from current prices (at the 2020 level). However, as we previously assumed in our trading ideas, there is a high probability that 2024 will start with a strengthening of the US dollar.
Taking into account the review of the situation, we are forced to consider sales further. The target for this week's fall is the level of 2000 with the prospect of a further fall to 1960. And the main scenario is to sell at current prices. We also do not exclude an extremely unlikely scenario with preliminary growth by 2040-2060, and then a decline towards the same targets.
Thank you for like and share your views!
Comment: In our extreme trading idea for gold, we assumed growth from current prices (at the 2020 level). However, as we previously assumed in our trading ideas, there is a high probability that 2024 will start with a strengthening of the US dollar.
Taking into account the review of the situation, we are forced to consider sales further. The target for this week's fall is the level of 2000 with the prospect of a further fall to 1960. And the main scenario is to sell at current prices. We also do not exclude an extremely unlikely scenario with preliminary growth by 2040-2060, and then a decline towards the same targets.
Thank you for like and share your views!
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